Stock market today: Nasdaq ekes out 5th straight record to cap banner week for tech

Stock market today: Nasdaq ekes out 5th straight record to cap banner week for tech
https://finance.yahoo.com/news/stock-market-today-nasdaq-ekes-out-5th-straight-record-to-cap-banner-week-for-tech-200532691.html

Summary

This is an article about stock market performance. It discusses the performance of the Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite. The Nasdaq eked out a record close for the fifth consecutive week. This was due to strength in technology stocks. Gains were made despite a cooling in inflation and a shift in the Federal Reserve’s rate cut projections. Some investors are concerned about the political situation in France, where a far-right party is gaining popularity.

Comment by G.G

This article is reporting a positive week for the stock market, particularly for technology stocks. The Nasdaq index has closed at a record high for the fifth week in a row. This is despite some cooling inflation data and a shift in expectations for Federal Reserve rate cuts. However, the article also mentions some investor concern due to the political situation in France. Overall, the article suggests a positive outlook for the stock market, but with some potential risks to consider.